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Mama L [17]
3 years ago
12

If a seller in a competitive market chooses to charge more than the going price, then:

Business
1 answer:
attashe74 [19]3 years ago
3 0

Answer:

d. buyers will make purchases from other sellers

Explanation:

In the perfect competition structure producers have no power to change prices, as goods are homogeneous. Thus, since products are the same, if the producer raises the price, consumers will consume with other sellers.

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What is the difference between demand and quantity demanded of a product, say milk?
Cerrena [4.2K]
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3 years ago
Explain what business you would start today if given the opportunity. Why this business?
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Natasha_Volkova [10]

Answer:

The correct answer is letter "B": Enterprise planning and monitoring.

Explanation:

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5 0
3 years ago
If managers are not owners of their​ company, then they are​ ________.
madam [21]
It is called an agent. They are the person who concurs and is approved to follow up for another, a central, to legitimately tie a person specifically business exchanges with outsiders as per an organization relationship. 
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4 0
3 years ago
The attractiveness test for evaluating whether diversification into a particular industry is likely to build shareholder value i
vodka [1.7K]

Answer:

<u>A) conditions in the target industry allow for profits and return on investment that is equal to or better than that of the company's present business(es).</u>

<u>Explanation</u>:

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This option is better because improved profits implies better shareholder value.

4 0
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